Kathmandu, Nepal: The fourth summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) commenced here in Kathmandu from today.
The agendas of the summit are fixed as ‘Towards Peaceful, Prosperous and Sustainable Bay of Bengal Region’.
The summit is also going to sign in a Memorandum of Understanding (MoU) for the Establishment of the BIMSTEC Grid Interconnections (BIMSTEC GI) with the aim to pave the way for trade in energy among member states.
As of the set agendas, the summit will focus on connectivity, poverty alleviation, trade, investment, tourism promotion, controlling cross border criminal activities and climate change.
Likewise, other issues like establishment of secretariat and BIMSTEC development fund is also made the agendas of the discussion.
The heads of states or heads of government of all seven member states – Nepal, India, Sri Lanka, Bhutan, Bangladesh, Myanmar and Thailand will discuss on ranges of issues during the meeting.
